In Re Assessment of First Nat. Bank of El Reno
Supreme Court of Oklahoma
Error from District Court, Canadian County,' John W. Hayson, Judge. In the matter of the assessment of the Pirst National Bank of El Reno. Petition by the bank for reduction of its assessment was denied, and on appeal to the District Court the assessment was reduced, whereupon the Board of County Commissioners of Canadian County brings error.
1Opinion of the CourtSharp, C. J.
In its return to the county assessor for taxes for the year 1914 the Pirst National Bank of El Reno, being the owner of state funding bonds in the sum of $12,600, deducted, in addition to the assessed value of its real estate, a sum equal to the face value of the bonds, on account of Hie claim that such bonds were by law exempt from taxation. Acting under instruction of the state board of equalization, the county assessor of Canadian county, on July 3, 1914, added to the assessed valuation of the property of the bank the face value of the bonds, and on the same day notified the bank of the…
2Cases cited13 opinions
- Allen v. Comm'rs of Pittsburg CountySupreme Court of Oklahoma · 1911
- Johnson v. Grady CountySupreme Court of Oklahoma · 1915
- In Re Assessment of First Nat. Bank of ChickashaSupreme Court of Oklahoma · 1916
- Parker v. Board of Com'rs of Tillman CountySupreme Court of Oklahoma · 1914
- In Re HickmanSupreme Court of Oklahoma · 1916
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3Cited by9 opinions
- State Ex Rel. v. Board of County Com'rsSupreme Court of Oklahoma · 1940
- Bryan County, Okl. v. United StatesCourt of Appeals for the Tenth Circuit · 1941
- State Ex Rel. Hatfield v. MorelandSupreme Court of Oklahoma · 1931
- Lairmore v. Board of Com'rs of Okmulgee CountySupreme Court of Oklahoma · 1948
- Board of Com'rs, Love Co. v. WardSupreme Court of Oklahoma · 1918
4 more not listed; retrieve them via the Exa API.